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Kuwaiti military: A drilling platform owned by Kuwait Petroleum Corporation was attacked by drones, causing significant damage and injuring one worker.Israel Defense Forces: Strikes and destroys a Hamas weapons production site in the Gaza City area in northern Gaza Strip.July 13 – According to Al Jazeera, Iran attacked not only Qatar, but also Oman, Bahrain, Kuwait, Jordan, and the United Arab Emirates today. The report stated that Iran claimed responsibility for attacks on US military targets in all these countries – however, the governments of these countries have not officially confirmed this claim. The Qatari Foreign Ministry also issued a statement saying that the attacks on the country were a blatant violation of Qatars sovereignty and international law. The statement also indicated that Qatar believes Iran should bear legal responsibility for this act of aggression and all its consequences. Previously, Oman had summoned the Iranian ambassador to protest the attacks.According to Irans Mehr News Agency: Preliminary reports indicate that Iran launched an attack on a US missile launch site in Kuwait.On July 12, local time, US President Trump stated that the US had launched a "fierce strike" against Iran the previous night. In an interview that day, Trump claimed that the US and Iran had reached an agreement the previous day, and Iran was "prepared to give up everything," but hours later, a ship was attacked by a drone. The US military stated that after an attack on a merchant ship in the Strait of Hormuz, the US military launched a new round of strikes against approximately 140 Iranian military targets. This is the third US strike against Iran in a week. There are differing opinions regarding the navigation status of the Strait of Hormuz. Irans Persian Gulf Straits Authority announced on social media on July 12 that the Strait of Hormuz is currently impassable. Trump, however, stated, "As far as the United States is concerned, the Strait of Hormuz remains open."

Musk Slams the US SEC for Forcing a Tesla Tweet Settlement

Haiden Holmes

Apr 15, 2022 10:04

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Musk, the world's wealthiest person according to Forbes, said that money to take his electric vehicle firm private had been secured at the time he sent his tweets, but the agency "continued to pursue the active public probe."


"As a result, I was compelled to make an illegal admission to the SEC. Those cretins, "Musk explained to the crowd.


Musk said that he felt compelled to deal with the SEC because banks threatened to withhold financing if he did not, thus bankrupting Tesla.


"That's equivalent to holding a pistol to your child's head," Musk said.


"I was obliged to accept that I lied just to preserve Tesla's life," Musk continued.


Musk and Tesla each paid $20 million in civil penalties – and Musk resigned as chairman of Tesla – to address SEC allegations that Musk deceived investors on Aug. 7, 2018, by tweeting that he had "funding secured" to take the business private. At the time, the SEC said that his financing tweets "lacked an acceptable factual foundation."


Musk was also compelled by a similar consent agreement to get pre-approval from Tesla attorneys for tweets and other public remarks that might be significant to Tesla.


On Thursday, the SEC's representative did not immediately reply to a request for comment.


Musk turned down an offer to join Twitter's board of directors last Saturday after revealing his existing ownership of more than 9%. He was supposed to report that he had a position in Twitter greater than 5% and is anticipated to face regulatory scrutiny for missing a deadline to reveal the holding and completing the incorrect form, securities experts said.


Musk said while initiating his takeover attempt for Twitter that he made the offer because he feels "it is critical for there to be an inclusive field for free expression." Musk said that he thinks Twitter's algorithm should be open-source and that the code should be accessible through Github, a Microsoft-owned site for sharing software development code.


When asked whether he has the funding necessary to complete the transaction, Musk stated: "I own adequate resources. I'm willing to do so if feasible." He provided no other information.